Insider can reveal that The Boring Company has submitted a proposal to build an underground transit system in Miami.

The proposal shows that the North Miami Beach loop would ferry cars between seven stations along State Road , between the Golden Glades transit center and the Newport Pier.

The loop could be scaled to carry more than 15,000 passengers per hour, according to The Boring Company.

The cost of the project was estimated by The Boring Company. If the permitting process was expedited, construction would take less than three years.

A 3-mile connection to Hard Rock Stadium and a 1.8-mile link to Florida International University are included in the proposal.

The Boring Company's proposal plans of North Miami Beach Loop line
The Boring Company's proposal plans of North Miami Beach Loop line
Michael Joseph

In an interview with Insider, North Miami Beach commissioner Michael Joseph said that this would be a way of alleviating a lot of traffic.

Joseph said that the tunnel network would benefit commuters and visitors.

He said the estimated cost per mile of the North Miami Beach loop would be a fraction of what is seen in other mass transit projects proposed in South Florida, while the construction would not be as disruptive to the local economy.

The city was trying to get funding for the loop from a number of governments.

The Boring Company didn't reply immediately to Insider's request for comment.

Joseph told Insider's Grace Kay that he had spoken to The Boring Company several times about an underground transit system, and had submitted a working paper for review.

The North Miami Beach loop wouldn't be as extensive as the Vegas loop, which is under construction by The Boring Company. According to The Boring Company's website, the Vegas loop is expected to connect more than 50 stations across Las Vegas.

The Las Vegas Convention Center loop opened in April of 2021. The tunnel network has three stops.